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Rating: N/A

Nippon India Japan Equity Direct Dividend Payout

NAV

14.792
+ 0.1161

as on (05 Jun, 2020)

RETURNS

%

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

1.33 %

Benchmark

TOPIX

Asset Size

33.99 Cr.

(As of 30 Apr, 2019)

Risk

High

Objective

The primary investment objective of Reliance Japan Equity Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on the recognized stock exchanges of Japan and the secondary objective is to generate consistent returns by investing in debt and money market securities of India. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Fund manager

Anju Chhajer

(since 26 Aug, 2014)

Exit load

1 %

(If redeemed within 365 days)

Minimum sip

₹ 500

minimum investment

₹ 5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Bridgestone Corp

3.24 %

Mitsui Fudosan Co Ltd

3.18 %

Shin-Etsu Chemical Co Ltd

3.17 %

OMRON Corp

3.12 %

Sector Allocation

About the Scheme Type

Fund of Funds

Similar to how funds invest in stocks and bonds, Fund of Funds are mutual fund schemes which invest in other mutual fund schemes. The fund manager can invest in the fund schemes of same mutual fund house or different mutual fund houses. It’s particularly good for smaller risk averse investors with the capacity of putting in small amounts every month as the fund’s diversification reduces the risk to a certain extent. Few advantages of Fund of Funds include Tax friendly, ease of handling as there’s just one NAV and folio to track, small investor friendly, while the disadvantages come in the form of high expense ratio and possibility of more than required diversification.

Ratings

This fund is rated 0 stars by Morning Star Ratings.

N/A

Overview of Reliance Nippon Life Asset Management Ltd

With Average Assets Under Management (AAUM) of Rs
2,33,628.56 Crores​​ ​(January 2019 - March 2019 QAAUM) and
90.67 lakhs folios (as on​ March 31, 2019​​), Reliance Mutual Fund is
one of India's leading mutual funds.
Reliance Mutual Fund is one of the fastest growing mutual funds in
India, offering investors a well-rounded portfolio of products to
meet varying investor requirements and has presence in 300​ cities
(as on​ March 31, 2019​​) across the country. Reliance Mutual Fund
constantly endeavours to launch innovative products and customer
service initiatives to increase value to investors.

Vision statement of Reliance Mutual Fund - To be a globally
respected wealth creator with an emphasis on customer care and
a culture of good corporate governance.

To carry on the activity of a mutual fund as may be permitted by
law, and formulate and devise various collective schemes of
savings and investments for people in India and abroad, and
also ensure liquidity of investments for the unit holders

To deploy funds thus raised so as to help the unit holders earn
reasonable returns on their savings

To take such steps as may be necessary from time to time to
realise the effects without any limitation